( ، Find the simple interest on 150.000 for 5years at 2%per annum

asked Mar 12, 2022 94.5k views

7 votes

( ،
Find the simple interest
on 150.000 for 5years at 2%per annum

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9 votes

Answer:

165000

Explanation:

simple interest

PV(1+it)

150000(1+5*.02)

=165000

if you need it then the interest earned would just be 165000-150000= 15000

Alichur answered Mar 18, 2022

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